Commodity Trade Mantra

Posts Tagged ‘Gold Bet’

Enormous Bullish Gold Bet was just made with Call Options

Someone made a huge Gold bullish option bet & purchased 40,000 Mar 2015 GLD gold call options. The strike of the call options was $120. If the price of GLD reaches the range $130-$135 before expiration, this trader will make between 300% and 600% of his investment or $20-$50 million net profit.

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